New Issue: Tri-Valley sells $7.17 million of common shares via private placement

By Devika Patel

Knoxville, Tenn., Jan. 11 - Tri-Valley Corp. settled a $7.17 million private placement of stock on Jan. 5, according to an 8-K filed Thursday with the Securities and Exchange Commission.

The company sold 5,153,332 restricted common shares.

Located in Bakersfield, Calif., Tri-Valley is an oil and natural gas exploration company.

Issuer:	Tri-Valley Corp.
Issue:	Restricted common stock
Amount:	$7,171,750
Shares:	5,153,332
Warrants:	No
Settlement date:	Jan. 5
Stock symbol:	Amex: TIV
Stock price:	$2.05 at close Jan. 5
Market capitalization:	$70.6 million

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.